The Director General of SEC Nigeria recently spoke on Arise Television, shedding light on key updates in the Investment and Securities Act (ISA) 2025 | Enroll Now: Training Opportunities at The Nigerian Capital Market Institute (NCMI)! | In a major boost to capital market regulation in Nigeria, President Ahmed Bola Tinubu GCFR, has assented to the Investments and Securities Bill (ISB) 2025, which repeals the Investments and Securities Act No. 29 of 2007 | The Director General of SEC Nigeria recently spoke on Arise Television, shedding light on key updates in the Investment and Securities Act (ISA) 2025 | Enroll Now: Training Opportunities at The Nigerian Capital Market Institute (NCMI)! | In a major boost to capital market regulation in Nigeria, President Ahmed Bola Tinubu GCFR, has assented to the Investments and Securities Bill (ISB) 2025, which repeals the Investments and Securities Act No. 29 of 2007 |

Frequently Asked Questions
On "Net Asset Value" and "Unit Price"

Understand how Net Asset Value and Unit Price are determined, why they matter to investors, and the mechanics behind their calculation and reporting in Nigeria’s capital market

To calculate a Collective Investment schemes Net Asset Value or NAV, the value of the total assets of the fund is subtracted by its liabilities, this amount is then divided by the total number of shares in the fund to give the unit price.

NAV = Total Assets – Liabilities

Unit price = NAV / Total number of shares or units

For example if a fund had assets of 6 Billion naira and liabilities of 2 Billion Naira, it would have a NAV of 4 Billion Naira. This is then divided by the total amount of shares that have been issued (in this example 100 million Shares), the unit price will be 40 Naira.

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